Petalite, an important mineral for obtaining lithium. Image credit: [rhj2017]@123rf.com Is Africa going to miss the industrial development opportunity to cultivate a battery energy storage hub? This was a question posed by TP Nchocho, CEO of the Industrial Development Corporation, during a Mining Indaba session on the path to zero-emissions mining through battery electric vehicles. On the first day of the Investing in Africa Mining Indaba, hosted at the CTICC in Cape Town, three panellists sat down to expand on the future of zero-emissions mining for battery electric vehicles (BEVs) in Africa and the role of critical minerals in the path to a just energy transition. Nchocho began by highlighting the massive opportunity for industrialisation that sits before Africa as the world moves towards a greener, circular economy. Roland Chavasse, the Secretary General of the International Lithium Association, echoed this sentiment, saying that “Africa, and indeed the world, is bursting with lithium resources” and that the time has come to capitalise on what is a “once-in-a-lifetime pivot” toward zero emissions development. Time to prioritise local value addition Given that Africa has vast lithium resources and the demand for battery electric vehicles is growing, panellists agreed that African political and […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
